Capital A inks LOI with Nasdaq-listed Aetherium for business merger

📆 11/1/2023 3:08 PM
📰 malaymail

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KUALA LUMPUR, Nov 1 — Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp, a special purpose acquisition company listed on the Nasdaq stock...

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Capital A International is a new investment and strategic development company that leverages the “AirAsia” brand and capitalises on core capabilities in aviation, travel and hospitality and digital technologies. Capital A chief executive officer Tan Sri Tony Fernandes said the company is taking the first step to venture out of Asean and exploring listing on the pinnacle of markets in terms of capital raising.“We are confident that the exposure of the US financial markets and Nasdaq listing would help us accelerate the delivery of our strategy as we improve access to capital, broaden our shareholder base and meaningfully raise our profile globally.

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